WHY YOU SHOULD CONSIDER SRILANKA FOR AN IT OR ANY INVESTMENT OPPORTUNITY.

With a highly skilled workforce and a cost-competitive business environment, Sri Lanka is emerging as a hidden gem for IT and business process outsourcing (BPO) and knowledge services outsourcing (KPO).

• Highly literate workforce
• Easily trainable & strong analytical skills
• Very low levels of attrition
• High linguistic adaptability
• Professional skills of staff in specified areas (Accountancy, Legal, Financial and Specialised management)
• ICT Agency to facilitate role of IT Industry
• Time Zone
• Good legal framework with Intellectual Property Act No. 27 of 2003 and Computer Crimes Bill passed by the House
• Developed & rapidly expanding telecom infrastructure (SEA-ME-WE4, 3G technology
• Low office rentals.
• Attractive tax incentives from 3 -12 years based on employment.
• Duty free concessions for imports.

• Sri Lanka's Networked Readiness Index has improved steadily and the UN

e-Government Readiness rank has also jumped 41 places bringing SriLanka to No. 1 position in South Asia.

· New government's 100 day programme has guaranteed access to free Wi-Fi as a citizen's right and the free Wi-Fi programme was launched in several key public places across the country. The Government expects to increase it to thousand hotspots in the coming months.

• Board of Investment (BOI) status companies for Five year tax holiday.